KUALA LUMPUR: Hibiscus Petroleum Bhd
, which posted another stellar set of earnings in its recent quarter, says it is focused on improving operational efficiency, growth and sustainability in both its Malaysian and UK markets while maximising value for shareholders.
In the second quarter ended Dec 31, 2022, the oil and gas exploration and production group recorded a net profit of RM70.47mil, representing earnings per share of 3.5 sen, as compared with a net profit of RM48.49mil, or earnings per share of 2.42 sen, in the previous corresponding quarter.
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